Customs tariff amendment updates exemption notifications, substituting headings, inserting parts and specifying ad valorem rates. The Central Government, exercising powers under section 25(1) of the Customs Act, 1962, amends Notifications Nos. 51/86, 66/86, 67/86, 69/86, 92/86 and 95/86 by substituting tariff headings and descriptive entries, inserting new serial items for parts and accessories, and prescribing ad valorem rates, thereby altering the scope and classification of goods covered by those exemption notifications.
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Customs tariff amendment updates exemption notifications, substituting headings, inserting parts and specifying ad valorem rates.
The Central Government, exercising powers under section 25(1) of the Customs Act, 1962, amends Notifications Nos. 51/86, 66/86, 67/86, 69/86, 92/86 and 95/86 by substituting tariff headings and descriptive entries, inserting new serial items for parts and accessories, and prescribing ad valorem rates, thereby altering the scope and classification of goods covered by those exemption notifications.
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